What Game of Thrones teaches us about business…

In our companies, most, if not all of us, are huge Game of Thrones fans. Everything from the marketing gimmicks to the content of the show can ignite a healthy conversation about what may or may not happen or what is right or wrong about the show.

One such conversation led to something very interesting, the discussion somehow veered from being about how Game of Thrones is the show to how there is a lot to learn and implement in our daily business and while running events.

A lot of points were raised out of which we manage to list down 5 things which we can relate to business:

Never Stop Learning

It can help you to constantly add value to your own skill before your clients.We live in a world packed with ideas and if you do not innovate, you won’t survive.

game-of-thrones-tyrion

Keep your partners close

By creating a network and partnerships with people within the industry, it allows one to offer a far bigger plethora of services. Also playing by each other’s strengths can deliver the best results.

Hand-of-The-king-Wax-Seal1

Always keep your word

Business is dynamic and unexpected expenses can raise the costs. Sticking to your word after you have already quoted, even if it means a small operational loss, can go a long way in establishing you as a trustworthy, reliable business and can help with client retention.

My-Word-is-Bond-520x260Never forget where you started

Remembering where it all began is very important, as that is the foundation which the entire business is built upon.

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Be Ruthless 

There is no prize for second place in business, you either close a contract or you do not. Either way within the boundaries of orderly and ethical conduct, nothing you do to swing the deal your way can be held against you.

keep-calm-and-stay-ruthless

It is fun to relate what we do to the points we have mentioned above if for nothing else, just the energy it helps add to the work environment and how much our people relate to it.

We would love to hear your thoughts about this article, please feel free to leave us a comment!

 

 

 

 

 

 

 

 

 

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What’s in a venue anyway?

 When planning an event, getting the venue correct is one of the most critical things which helps you attract your audience and create maximum impact out of doing the event.

Out of all the events which take place within the corporate spectrum, cocktail receptions and networking meets are the most frequent, with almost every company calling in their clients to spend some quality time outside the office, without having little or no formal agenda to the evening and creating meaningful relationships which help further client retention. Based on Pareto’s law, many companies use this as a tool to strengthen ties with current clients as well as to impress upon existing clients.

With so many companies organizing cocktail and networking meets, budgets assigned usually are controlled and at the same time, clients want to offer their guests the absolute best in food and drink.

While we think, hotel banquets especially 5-star ones are yet unmatched in terms of service quality and we from experience can say that a 5 Star name alone creates an impact, the past few years have seen the emergence of nightclubs as a new breed of places as an alternative to 5 –Star hotels which serve as corporate cocktail venues.

Based on past experiences we create a list of what you as a client need to know while you try to decide on a venue for you next company event/ Party:

5 Star Hotels

The charm and the charisma which 5-star hotels add to your event is exemplary. The ambiance created is usually the best, the brand of the hotel rings a bell with most attendees and attracts a great response from your invitees.

However, as they also say, “Quality comes at a price”

With the hotel usually, you would start with a dinner package with alcohol being as per consumption.

For the Set-up, you would require to include a charge for venue rentals within your budget, as giving you the venue for most of the day means a revenue loss for the hotel, which in business terms would not make sense.

The hotel would give you the banquet hall and extremely brilliant and hospitable service, but that means everything from your stage, sound, lights and AV is yet to be accounted for.

All licenses including liquor have to be accounted for additionally.

This is the best part however, 5 Star Hotels are available to be rented out on any of the days of the week including Fridays and Saturdays.

They can be approached for any kind of event you plan to have, and are not limited to any particular kind.

 Night Clubs and Lounges

Nightclubs and lounges are built for cocktail receptions and parties. The ambiance provides for candid conversations and an informal setting.

These venues usually offer you a per person package which includes Alcohol service and dinner at one flat fee for unlimited service. This fee usually is as much or a little more than what a 5 Star would offer you just for dinner.

Most Nightclubs and Lounges open for dinner and are non-functional during the day, which allows using the venue for Set-Up at no added cost. However, setting up a stage in case you want to have entertainment can be a challenge due to space constraints.

Along with the venue itself, most night clubs usually have a sound system and ambient lighting for a cocktail reception built in, and they usually include that within the package cost per person. This means you as a client do not have to shell out the extra bucks for Sound and Lights and can either save them or spend them on Corporate Gifting or Décor.

Many of these venues acquire event licenses on a yearly basis, hence they do not usually ask clients to acquire a license for a DJ or Live Entertainment. This, however, is subject to government regulations and all mandatory licenses need to be in place before the event takes place.

The disadvantage faced with Night Clubs and Lounges is, they usually never give out the venue exclusively on a Friday or Saturday, unless you do a complete buy-out. In that case, the cost usually goes higher than expected.

You cannot have banquet seating like you would at a hotel or banquet, you usually need to have floating crowd at the venue.

The kind of events you can do at these venues are limited to just cocktail receptions and company parties.

Besides the above-mentioned venues, an event is possible to conduct anywhere you would like, including your own facility as well.

The above information is solely based on our experiences as event planners, we have managed various events at both type of venues for our clients in the past and from what we have noticed, an event is only as good as the client makes it, you know your audience best and we hope the above information can help you make an informed choice the next time you look to organize a cocktail reception or party for your company.

Pros & Cons to consider while planning an event During the Off-Season.

Pros & Cons to consider while planning an event During the Off-Season.

Many hotels and resorts boast discounted prices and fewer crowds during off season, however to what end.

We list down the pros & cons which you , as a client, should consider while planning an event during the monsoons or holiday seasons.

Pros

Costs are usually Lower

The biggest advantage to planning a company meeting during the off-season is undoubtedly the savings, especially in terms of room and banquet charges. There are very few social engagements which take place and one usually has availability with many places inviting bookings to keep themselves occupied.

As a client it is easier to negotiate and agree on a package as compared to costs during season time.

Resorts and offsites are usually less crowded

Planning a monsoon getaway for your team and conducting some team building exercises is the ideal way to go during the off season.

Resorts or any offsite locations chosen see lesser crowds, which allows for an intimate and concentrated event.

Cons

Weather is a factor

The weather is usually a concern during Off Season, hence cost savings aside you have a very real possibility of your event not creating the requisite impact due to a lack of audience or may be washed away due to torrential rains.

An obvious and real con to planning an event during off season.

Accessibility and Attendance

Even if the weather is stable during the event and not before or after it can be a problem, accessibility and attendance can get affected based on how the weather behaves before the event and event recall can get affected based on how the weather behaves after.

 

 

 

 

 

 

5 Ideas to help you keep your audience Interested!

a cocktail reception allows guests to relax and unwind

An event is considered one of the best media to showcase and promote one’s services and products effectively.

This is done through delivering quality content, in a closed environment to a concentrated audience. That audience is there only on account of your Invitation.

It is important then, that in order to maintain audience concentration, a healthy level of interaction be planned. This in order to ensure, that their mind stays fresh and ready for a day of conferencing and networking.

This is what can be termed as an Ice Breaker / Energizer / Team Bonding exercise / Filler activity. There are a lot of activities which can be planned in order to veer away from the regular day of conferencing to include a few minutes of fun, which essentially allows your attendees to either break the ice, take in the content already spoken about or just take their mind off all formalities and have fun.

We  have managed many in the past, and have been able to get a good response from the crowd attending.

Here are some of the activities conducted by us in the past.

Drum Circle :

a fun event energizer activity with drums can raise the audience spirits

Wikipedia defines Drum Circle as The main objective being to share rhythm and get in tune with each other and themselves. To form a group consciousness. To entrain and resonate.”

Implementing that exact concept within an event can help bring together your entire audience and have them perform one common tune, which creates a feeling of togetherness and is a great ice-breaker. The Drum Circle can be conducted at the beginning or at the end of a conference / seminar / product launch or pretty much any event having a closed door setting.

Flash Mob :

Guests at the event really enjoyed an impromptu performance to bollywood songs

If you are the type of company who likes to surprise their audience, then the Flash Mob is the way to go. “A group of people who assemble suddenly, perform an unusual and seemingly pointless act for a brief time, before quickly dispersing”.

This is an ideal way to get your audience energized and can be done at regular intervals all through the day.

It not only energizes your audience, but has the ability to quickly transform a formal corporate environment to a fun and unconventional setting and then moving back to a formal environment again.

Skit :

A skit performed as part of the event agenda can be a refreshing treat for the audience

These are usually included within the event agenda itself and can or cannot be product specific. Short skits fitted between presentations can be a great media in putting forth a message to your audience, but through a live performance and not through a presentation slide. Although, this is a tricky form of communication, using humor within the skit is a great way to go about it. The impact a skit would create would entirely depend on the actors performing the skit, hence choose wisely.

Mentalism / Illusionist:

a mentalist can provide an experience for the people present at the event

An illusionist / mentalist is another great way to keep your audience engaged. Having the illusionist/mentalist take the stage and perform in between presentations can be very engaging and entertaining for the audience. You can have the illusionist / mentalist customize their act as per your company products and have them plan short acts in-between presentations to keep the audience gripped.

Fillers by the Master of Ceremonies :

The emcee can keep the crowd engaged in between sequences

This is perhaps the most common amongst all companies as far as energizer activities is concerned. The MoC can actually make or break your event. Choosing the correct person for the job is critical in order to prevent your audience from losing interest in the day’s proceedings. It is critical that in between presentations, the MoC creates a list of fillers which can be used at regular intervals during the day, just so that your audience does not lose interest in the content you are trying to deliver to them.

It takes you months of planning and timely follow-ups to actually get your audience to attend your event. The last thing you would want is for your audience to come there and you not getting enough value from it. Hence, we always recommend to our clients to plan these activities within the agenda and it has given us great results in the past.